Vancouver, British Columbia: FIREWEED METALS CORP. (“Fireweed” or the “Company”) (TSXV: FWZ; OTCQB: FWEDF, formerly Fireweed Zinc Ltd.) is pleased to announce the appointment of Mr. Alex Campbell to the Management Team as Vice President Corporate Development. His role will focus on finding, evaluating, and executing strategic opportunities for the Company.
CEO Statement
Brandon Macdonald, CEO, stated “As Fireweed’s success at our projects has grown, so has strategic interest in the Company and options available to us. Alex’s diverse experience from mining to banking, combined with his passion for our industry, makes him a fantastic addition to the team as we navigate these opportunities. The Fireweed team is very pleased to welcome him as we continue to maximize shareholder value through exploration, development, and potential strategic transactions.”
Alex Campbell Biography
Mr. Campbell is a mining professional with over ten years of combined expertise in South American mining operations, mine finance, and Global Capital Markets. He began his career at Antofagasta Minerals, working at the Los Pelambres copper mine in Chile. Subsequently, he relocated to Colorado to pursue his master’s degree while concurrently working at Resource Capital Funds and the Critical Materials Institute, a U.S. DOE innovation hub focused on the development of secure and resilient supply chains for critical materials crucial to the energy transition. Following this, he spent five years with CIBC’s Mining Investment Banking Team in Vancouver, BC, covering a broad spectrum of mining and royalty companies. Throughout this tenure, he played instrumental roles in executing diverse corporate transactions across various commodities and asset-level stages.
Mr. Campbell holds a Bachelor of Science and a Master of Science in Engineering (Mining) degree from the Pontificia Universidad Católica de Chile, as well as a Master of Science in Mineral and Energy Economics degree from The Colorado School of Mines.
Stock Option Grant
The Company announces that it is granting, pursuant to its stock option plan, a total of 452,000 stock options to certain employees, exercisable at a price of $1.70 per share for a five-year term.
About Fireweed Metals Corp. (TSXV: FWZ; OTCQB: FWEDF; FSE:20F): Fireweed Metals is a public mineral exploration company on the leading edge of Critical Minerals project development. Fireweed is well-funded and well-positioned to carry out a large 2023 exploration program. The Company has three projects located in Canada:
- Macmillan Pass Project (Zinc-Lead-Silver): Fireweed owns 100% of the district-scale 940 km2 Macmillan Pass project in Yukon, Canada, which is host to one of the largest undeveloped zinc resources in the world* where the Tom and Jason zinc-lead-silver deposits have current Mineral Resources1 (11.21 Mt Indicated Resource at 6.59% zinc, 2.48% lead, and 21.33 g/t silver; and 39.47 Mt Inferred Resource at 5.84% zinc, 3.14% lead, and 38.15 g/t silver) and a Preliminary Economic Assessment2 (PEA). In addition, Boundary Zone, Tom North and End Zone have significant zinc-lead-silver mineralization drilled but not yet classified as mineral resources. The project also includes large blocks of adjacent claims with known showings and significant upside exploration potential.
- Mactung Project (Tungsten): The Company owns 100% interest in the 37.6 km2 Mactung Project located adjacent to the Macmillan Pass Project. Recently announced mineral resources for Mactung (41.5 Mt Indicated Resource at 0.73% WO3 and 12.2 Mt Inferred Resource at 0.59% WO3)3 make it the world’s largest high-grade resource of the Critical Mineral tungsten*. Located in Canada, it is one of the rare large tungsten resources outside of China*.
- Gayna River Project (Zinc-Lead-Gallium-Germanium): Fireweed owns 100% of the 128.75 km2 Gayna River project located 180 km north of the Macmillan Pass project. It is host to extensive mineralization including Critical Minerals zinc, gallium and germanium as well as lead and silver, outlined by 28,000 m of historical drilling and significant upside potential.
In Canada, Fireweed (TSXV: FWZ) trades on the TSX Venture Exchange. In the USA, Fireweed (OTCQB: FWEDF) trades on the OTCQB Venture Market for early stage and developing U.S. and international companies and is DTC eligible for enhanced electronic clearing and settlement. Investors can find Real-Time quotes and market information for the Company on www.otcmarkets.com. In Europe, Fireweed (FSE: 20F) trades on the Frankfurt Stock Exchange.
Technical information in this news release has been approved by Fireweed Metals VP Geology, Jack Milton, Ph.D., P.Geo. (BC), a ‘Qualified Person’ as defined under Canadian National Instrument 43-101.
Additional information about Fireweed and its projects can be found on the Company’s website at FireweedMetals.com and at www.sedarplus.com
ON BEHALF OF FIREWEED METALS CORP.
“Brandon Macdonald”
CEO & Director
